|
||||||||||||||
Home > Search for "Renault Koleos"
Main > Car Makers News > Other > Britain new car sales down 37 percent in November | The Detroit News | detnews.com LONDON -- New car sales in Britain fell 37 percent in November compared to the same month in 2007, with total sales hovering just above 100,000, another sign the automotive sector is being hit hard by the financial crisis, an industry group said Thursday. The Society of Motor Manufacturers and Traders said sales to the private market were off 45 percent. For the year to date, total sales were down 10.7 percent compared to last year. "November has been another difficult month for the motor industry and... Full article... Article added: 2008-12-04 15:50:49 Article Views Rating: 134 Main > Car Makers News > Other > France's stimulus plan includes carmakers | The Detroit News | detnews.com DOUAI, France -- French President Nicolas Sarkozy unveiled Thursday a euro26 billion $33 billion stimulus plan to ward off recession and shore up automakers and construction. The measures include around euro1.3 billion to help carmakers avoid more layoffs as sales tumble. Sarkozy floated the possibility of increasing that aid if U.S. automakers succeed in tapping a skeptical Congress for rescue funding. "I'm not excluding that the state does more," he said to a crowd of 2,000 supporters assembled near a... Full article... Article added: 2008-12-04 15:50:48 Article Views Rating: 122 Main > Car Makers News > Chrysler > Chrysler: Warns it needs loan to stay in business | The Detroit News | detnews.com Chrysler LLC, the smallest and weakest of Detroit's automakers, said it may not be able to keep its business going beyond March if it does not obtain $7 billion in bridge loans from the government this month. In a plan sent to Congress on Tuesday to support its loan request, Chrysler said it had $9.4 billion in cash at the end of June but expects to end the year with only $2.5 billion cash on hand because of a collapse in U.S. auto sales aggravated by a financial crisis. "We are asking you to help us... Full article... Article added: 2008-12-03 07:00:08 Article Views Rating: 139 Main > Car Makers News > Other > Survival roadmap for the Big 3 | The Detroit News | detnews.com WASHINGTON -- Detroit's Big Three automakers made a desperate plea for a $34 billion emergency federal bailout Tuesday, as General Motors Corp. and Chrysler LLC warned they would collapse by the end of the year without immediate help. The automakers delivered new business plans to Congress written during the last 11 days that for the first time spelled out in great detail the problems they face and the painful steps they must take to survive and restore profits amid plunging auto sales and a bleak... Full article... Article added: 2008-12-03 07:00:07 Article Views Rating: 166 Main > Car Makers News > Other > UAW mulls reopening contracts to aid Big 3 | The Detroit News | detnews.com WASHINGTON -- As Detroit's Big Three are poised to present their business plans to Congress today justifying quick approval of $25 billion in emergency loans, the United Auto Workers has called an emergency meeting in Detroit on Wednesday during which the union could consider reopening its 2007 contracts with the automakers. Union leaders representing workers at General Motors Corp., Ford Motor Co. and Chrysler LLC plants across the country have been called to Detroit for the session, according to... Full article... Article added: 2008-12-02 10:58:29 Article Views Rating: 133 Main > Car Makers News > Other > UAW leaders called to Detroit to consider ways to aid Big 3 loans | The Detroit News | detnews.com WASHINGTON -- As Detroit's Big Three are poised to present their business plans to Congress today justifying quick approval of $25 billion in emergency loans, the United Auto Workers has called an emergency meeting in Detroit on Wednesday during which the union could consider reopening its 2007 contracts with the automakers. Union leaders representing workers at General Motors Corp., Ford Motor Co. and Chrysler LLC plants across the country have been called to Detroit for the session, according to... Full article... Article added: 2008-12-02 10:58:29 Article Views Rating: 105 Main > Car Makers News > Other > Dacia Expands to Western Europe Here in America you rarely come across the automaker named Dacia. It is a Romanian company owned by Renault which was founded about 40 years ago. The manufacturer stays on the market and gradually moves forward offering the product to the automotive world. This year Dacia goes to the Western European customers with two commercial vehicles: Logan pickup truck and panel van. Eastern Europe already knows the autos and favors them for the simplicity and affordability. Both vehicles are based on Logan sedan... Full article... Article added: 2008-11-29 08:01:09 Article Views Rating: 150 Main > Car Makers News > Chrysler > Giants feud over value of Chrysler | The Detroit News | detnews.com A war of words erupted Wednesday between Daimler AG and Cerberus Capital Management LLC over the terms of the German automaker's sale of a majority stake in Chrysler LLC to the private equity firm. The dispute could jeopardize Cerberus' purchase of the rest of Chrysler and may have to be settled in court. The two companies are sparring over the amount New York-based Cerberus paid Daimler last year for an 80.1 percent stake in Chrysler Holding LLC, which comprises the automaker and Chrysler Financial... Full article... Article added: 2008-11-27 08:21:31 Article Views Rating: 133 Main > Car Makers News > Ford > Auto crisis tests family's hold on Ford | The Detroit News | detnews.com DEARBORN -- When Bill Ford Jr. walked onto the factory floor at the Rouge plant last month to inaugurate production of the new Ford F-150 pickup, every worker in the building stood up and cheered -- a testament to the power the Ford family still has over the company that bears its name. But there are new threats to that power today. As Congress weighs a historic bailout of the U.S. automobile industry, some on Capitol Hill have suggested that bankruptcy is a better option. Detroit's Big Three automakers... Full article... Article added: 2008-11-26 06:44:08 Article Views Rating: 132 Main > Car Makers News > Ford > Ford Europe beats GM Europe if the worst happens in Detroit | The Detroit News | detnews.com Ford of Europe looks best placed to survive the fallout of any Detroit Big Three financial disaster. GM Europe's future looks cloudy, while some European experts are trying to look past the current market turmoil for signs the automotive industry can emerge from the wreckage slimmed down but healthier. While it's not yet clear how Washington will finally deal with the bailout requests from General Motors, Chrysler and Ford Motor, experts and academics fear an orderly Chapter XI bankruptcy may be the... Full article... Article added: 2008-11-25 08:00:15 Article Views Rating: 115 |
||||||||||||||
©2008 carwad.net |